Question

The selling price of 8 articles is equal to the cost price of 10 articles. Find the gain or lost %

Answer 1

Answer:

25% gain

is the answer

Step-by-step explanation:

CP of 10 articles = SP of 8 articles

Let's assume that CP of 10 articles = 100

Therefore, CP of 1 article will be = 10

SP of 8 articles = 100

SP of 1 article = 12.5

The key figures here to get to the answer are 12.5 and 10.

%increase = $\frac{change }{original}$∗100 => $\frac{2.5}{10}$∗100 => 2.5∗10   =>   25

⇒(25% gain)

hope it helps .